Why Go Bearish with Real-World Assets in DeFi Lending Protocols

Written by anton-dzyatkovskii | Published 2022/07/07
Tech Story Tags: defi-top-story | defi-lending | real-world-assets | defi-lending-protocols | decentralization | decentralized-finance | decentralized-internet | defi

TLDRDecentralized Finance, more commonly known as DeFi, is the most convenient way to borrow and lend funds, trade derivatives, and assets, as well as earn interest. DeFi activities are much faster, free of overwhelming paperwork, and provide you with a smooth overall user experience. Real World Assets (RWAs) enable DeFi protocols to achieve extra stability by accessing an additional class of assets that has nothing to do with cryptocurrencies – real ones. This innovation substantially expands implications for the whole industry, opening up opportunities to skyrocket DeFi capitalization.via the TL;DR App

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Written by anton-dzyatkovskii | CEO and co-founder of Platinum Software Development Company. Blockchain enthusiast, blogger.
Published by HackerNoon on 2022/07/07